Weve formed a mother of a decending triangle since the drop from the 16,000's which.. if broken.. could spell complete disaster for Bitcoin
First support : 8250
Second Support: 6100
These are scary times indeed!
I should have also noted that the Daily 200MA is @ ~7800
This should be considered the 2nd support, with 6100 being the third
Historically, the 200MA has been VERY strong, but this market is tricky!